About QuarkXR
QuarkXR is a company based in San Francisco (United States) founded in 2014 by Drago Stoychev and Krasi Nikolov.. QuarkXR has raised $751.19 thousand across 2 funding rounds from investors including Vitosha Venture Partners and MTS StartUp Hub. QuarkXR offers products and services including AEC Solution, Enterprise Solution, and Unity SDK. QuarkXR operates in a competitive market with competitors including Luxion, Nibiru, Simplygon, Conductor Technologies and Viro Media, among others.
- Headquarter San Francisco, United States
- Founders Drago Stoychev, Krasi Nikolov
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$751.19 K (USD)
in 2 rounds
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Latest Funding Round
$751.19 K (USD), Seed
Dec 01, 2022
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Investors
Vitosha Venture Partners
& 1 more
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Employee Count
Employee Count
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Products & Services of QuarkXR
QuarkXR offers a comprehensive portfolio of products and services, including AEC Solution, Enterprise Solution, and Unity SDK. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Tool for visualizing and collaborating on architectural designs in real-time.
Platform for industrial simulations and digital twins management.
SDK for creating 3D experiences with high-fidelity assets quickly.
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Funding Insights of QuarkXR
QuarkXR has successfully raised a total of $751.19K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $751.19 thousand completed in December 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $751,194
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2022 | Amount | Seed - QuarkXR | Valuation | Vitosha Venture Partners |
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| Jun, 2020 | Amount | Seed - QuarkXR | Valuation | MTS StartUp Hub |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in QuarkXR
QuarkXR has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Vitosha Venture Partners and MTS StartUp Hub. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage venture capital fund based in Bulgaria is operated.
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Startups across multiple sectors are incubated and supported.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by QuarkXR
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - QuarkXR
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Quarkxr Comparisons
Competitors of QuarkXR
QuarkXR operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Luxion, Nibiru, Simplygon, Conductor Technologies and Viro Media, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Advanced rendering and lighting simulation technologies are provided by Luxion.
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| domain | founded_year | HQ Location |
Interactive VR technology and operating services are provided for developers.
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| domain | founded_year | HQ Location |
3D graphics optimization is provided for game developers by Simplygon.
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| domain | founded_year | HQ Location |
SaaS platform for video rendering, simulation, editing, and VR
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| domain | founded_year | HQ Location |
Viro Media delivers a versatile platform for developers to build AR and VR experiences.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Quarkxr
Frequently Asked Questions about QuarkXR
When was QuarkXR founded?
QuarkXR was founded in 2014 and raised its 1st funding round 6 years after it was founded.
Where is QuarkXR located?
QuarkXR is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of QuarkXR?
Krasi Nikolov is the current CEO of QuarkXR. They have also founded this company.
Is QuarkXR a funded company?
QuarkXR is a funded company, having raised a total of $751.19K across 2 funding rounds to date.
What does QuarkXR do?
QuarkXR was founded in 2014 in San Francisco, United States. A hardware-agnostic software platform is offered by the company within the extended reality (XR) and cloud computing sectors. Compression and wireless transmission capabilities are enabled for cloud or split-rendering solutions. 5G networks are utilized, with processing offloaded to edge cloud GPUs. Operations center on software development for XR applications across various hardware environments.
Who are the top competitors of QuarkXR?
QuarkXR's top competitors include Nibiru, Simplygon and Conductor Technologies.
What products or services does QuarkXR offer?
QuarkXR offers AEC Solution, Enterprise Solution, and Unity SDK.
Who are QuarkXR's investors?
QuarkXR has 2 investors. Key investors include Vitosha Venture Partners, and MTS StartUp Hub.